White House Taps Everyday Energy to Present on Solar Energy for Affordable Housing

California Solar Energy Pioneer Leads Panel During Solar Summit

SAN DIEGO, CA--(Marketwired - Apr 30, 2014) - The White House recognized Everyday Energy, the nation's leader in financing, designing and installing solar systems for affordable housing communities, as a pioneer in its field during the White House Solar Summit on April 17. Everyday Energy CEO Scott Sarem participated on a panel on the exciting opportunities for solar deployment for the U.S. affordable housing market.

Everyday Energy has deployed the vast majority of affordable housing communities with solar in the San Diego market, has a large footprint in Northern California and is expanding significantly in Los Angeles. The company shared its successful approaches with others during the White House Solar Summit.

Moderated by senior staff at the U.S. Department of Housing and Urban Development, Sarem focused the discussion on the importance of savvy financing to account for affordable housing owners' unique needs, best practices when designing solar systems for small to large multi-family communities, and the meaningful impact deployed solar systems have on residents.

Accompanied by leaders in real estate development and renewable energy deployment, Everyday Energy was selected by the White House because of its successes in transitioning affordable housing properties to clean energy while decreasing their energy costs. By creating financing arrangements that leverage state and federal incentives, Everyday Energy has deployed solar systems producing approximately six megawatts (MW) of clean, renewable energy for affordable housing communities throughout California. Everyday Energy has installed more solar systems through the California Multifamily Affordable Solar Housing (MASH) program than any other company. Residents of the communities where Everyday Energy has installed a new solar system see an average savings of 80 percent off their energy bill.

"We've always been proud of how we're able to brighten our country's energy future while reducing energy costs for those who need it most, but being recognized by the White House is a huge honor," said Sarem. "To have the White House acknowledge the work we've done at the forefront of residential and multifamily solar power further validates our approach and the value of what we're achieving."

In addition to celebrating Everyday Energy and others for their leadership during the Solar Summit, the White House also called for private sector commitments to solar deployment goals and announced new steps to expand the use of solar in our homes, businesses and schools.

"We're excited to be one of the companies who are already contributing to the administration's goals in a major way," said Sarem. "We've developed an efficient system to help affordable housing developers and non-profit groups transition their properties to solar energy. An immense amount of opportunity remains out there and we're looking forward to capitalizing on it."

In addition to helping affordable housing residents reduce energy costs, Everyday Energy also provides workforce development to help veterans and affordable housing residents obtain the skills needed to start a career in the field of solar energy. To date, Everyday Energy has provided 5,400 hours of job training to 30 affordable housing residents and has even hired seven course participants to work on their crew.

To learn more about Everyday Energy and its unique approach to financing, designing and installing solar systems for the affordable housing sector, visit www.EverydayEnergy.us or call 760-607-7200.

About Everyday Energy Everyday Energy helps finance, design and install solar energy systems for multifamily affordable housing and trains and hires veterans and affordable housing residents to help them begin careers in solar energy. Leveraging state and federal incentives, Everyday Energy creates financial scenarios that allow customers to install solar at little to no out of pocket expense. Headquartered in Carlsbad, CA, Everyday Energy is responsible for creating over six megawatts of solar energy throughout the state. For more information, visit www.EverydayEnergy.us or call 760-607-7200.